Banora Point, New South Wales
11064MR - Bargain Priced Permanent Management Rights
SOLD
Business Description
This well presented very tidy townhouse complex provides an excellent opportunity to earn a healthy income with no set office hours. The present manager, in addition to his managing and letting functions holds down an external job with ease.
With 5 external agents collecting rent in the complex there is also room for the rent roll to be increased. With the absence of set office hours and the minimal ground work required there is real opportunity to give the astute newcomer to the business a financial kick start for the future.
The three bedroom manager's unit has an excellent alfresco dining area on the ground floor deck, with an upstairs balcony off the main bedroom, both overlooking the tranquil greens of the neighbouring golf course.
This management rights business and unit are priced to sell and worthy of an inspection.
Net profit $66,000
Contact Mike Huddlestone from Tourism Brokers for further information or to arrange an inspection.
Property ID: 11064MR
Property Code: 939
Business Summary
Key Investment Insights
Key Insights:
1. Well presented and tidy townhouse complex with potential for increased rent roll.
2. No set office hours and minimal ground work required, providing opportunity for additional income.
3. Manager's unit has attractive outdoor areas overlooking a neighboring golf course.
4. Priced to sell and suitable for an astute newcomer to the business.
5. Net profit of $66,000.
6. Contact Mike Huddlestone from Tourism Brokers for further information or to arrange an inspection.
7. Property ID: 11064MR.
8. Property Code: 939.
9. Three bedroom manager's unit with alfresco dining area and balcony.
10. External agents currently collecting rent in the complex, with potential for growth.
11. Manager also holds an external job with ease.
12. Opportunity for financial kick start for future.
13. Tranquil location near a golf course.
14. Suitable for a range of buyers, including first-time managers or experienced operators.
15. Well-priced and attractive business and unit.
